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(M18) 156.22 & 157.69 Levels Key This....>

BUND TECHS: (M18) 156.22 & 157.69 Levels Key This Week
*RES 4: 158.28 100-DMA
*RES 3: 158.16 Daily Bull channel top
*RES 2: 157.69 High Mar 5
*RES 1: 157.36 High Mar 8
*SUP 1: 156.88 Low Mar 9
*SUP 2: 156.28 21-DMA
*SUP 3: 156.22 Low Mar 8
*SUP 4: 155.25 Low Feb 20
*COMMENTARY: The correction from March highs so far has found support around the
daily bull channel base off Feb 15 lows (156.42) and the 21-DMA. Bears now need
a close below 156.22 to shift focus back to 154.62-155.25 where Feb lows are
noted. Bulls continue to look for a close above 157.69 to regain the upper hand
and initially target 158.16-39 where the 100-DMA is situated. Overall focus
shifts to 159.27-58 on a break of 157.69.

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